The Fair Share Report
51 Elmgate Rd
Evesham, NJ 08053
The town corrects for market drift once a year — but only on average. This report measures whether this house drifted with the herd or away from it.
This home's full record →Check another house →
Step 1 · Market value
Likely range $474,542 – $552,403, from 12 comparable Evesham sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Evesham assessments sit below market value — republished every October, applied town-wide. A $536,682 home should be assessed near $327,269.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $42,269 below what the ratio math suggests (12.9%).
Step 4 · The tax rate — same for every Evesham home
$2.333 Schools · 68% $0.523 County · 15% $0.595 Town · 17%
Step 5 · The bill
This home vs. every recent Evesham sale · assessed ÷ market
39%76%
Paying about right
This home's ratio lands inside Evesham's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 1 CHADWICK AVENUE | 2025-06 | $579,000 | 2,000 | 43.6% |
| 121 CONESTOGA DRIVE | 2025-04 | $508,500 | 2,018 | 48.0% |
| 116 WESTBURY COURT | 2025-08 | $545,000 | 2,012 | 49.6% |
| 100 OLD COLONY LANE | 2025-12 | $590,000 | 2,084 | 48.4% |
| 2 ERYNWOOD AVENUE | 2025-08 | $572,000 | 2,084 | 54.2% |
| 100 OLD COLONY LANE | 2025-08 | $435,000 | 2,084 | 65.6% |
| 8 YORKTOWN COURT | 2026-01 | $520,000 | 1,922 | 50.3% |
| 17 VALLEY FORGE COURT | 2026-04 | $570,000 | 2,122 | 50.4% |
| 2 BRIGHTON DRIVE | 2025-10 | $365,000 | 2,122 | 73.4% |
| 16 CHARTER OAK LANE | 2025-06 | $568,000 | 2,122 | 50.3% |
| 134 MONMOUTH GREEN | 2025-05 | $535,000 | 2,122 | 55.6% |
| 2 TOMAHAWK DRIVE | 2025-06 | $510,000 | 1,943 | 52.0% |
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